NS-Tipak announces the implementation of the mandatory withdrawal of its shares

On August 9, 2024, C2 Développement formalized the implementation of the mandatory squeeze-out procedure for the shares of Tipiak. Following C2 Développement's simplified public purchase offer (OPA), validated by the Autorité des marchés financiers (AMF) on July 9, 2024, the initiator currently holds 97.50% of the company's capital and voting rights.

In accordance with Articles 237-3 of the AMF General Regulation and 9 of AMF Instruction No. 2006-07, compensation of 88 euros per Tipiak share will be paid, net of fees. The procedure begins on August 19, 2024, the date of delisting of Tipiak shares from Euronext Paris.

The remaining shares, representing 2.50% of the capital, will also be compensated at 88 euros per share. The listing of the shares was suspended on August 1, 2024 and will remain so until the finalization of the procedure.